electronics manufacturing

Foxconn Q2 revenue jumps 40% on record AI server demand

Taiwan's Foxconn Hon Hai Precision Industry Co., Ltd. reported second-quarter revenue of T$2.513 trillion ($78.71 billion) on Saturday, a roughly 40% year-on-year increase driven by demand for artificial intelligence servers and cloud infrastructure products. The figure beat market forecasts and…

Apple supplier Luxshare launches $3.1B Hong Kong listing

Luxshare Precision Industry, the Chinese electronics manufacturer best known for assembling Apple's AirPods and iPhones, launched a Hong Kong share sale on Tuesday seeking to raise up to HK$24.27 billion ($3.1 billion), making it the city's largest listing so far…